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PERFECT PORTAGE LAKE COTTAGE! Home sits on leased land across the street from all-sports Portage Lake. In the heart of Waterloo State Recreation Area & within walking distance to a park area offering sandy beach for swimming, level lot for playing & boat docking options. Vinyl siding w/BRAND NEW ROOF & GUTTERS October 2021. Newer electric panel. Septic tank was pumped in 2021 w/minimal use since. Home has already been gutted to the studs, now ready for you to bring your creative design ideas to finish it just the way you want it! Shed & covered patio. Great value at a fraction of lakefront cost. This diamond in the rough could be your perfect getaway place! Explore the water & area hiking trails. Annual land lease costs are approximately $4560. Purchasers must be approved by land owner. Cash sale.